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Given the following information concerning three stocks, construct a simple average, a value-weighted average, and a geometric average.
b. What are averages if each price rises to $11, $17, and $35, respectively?
c. What is the percentage increase in each average?
Sales Revenue
The earnings a business obtains through the sale of products or the delivery of services.
Trade Discount
A reduction in the listed price of a product or service, offered by sellers to buyers in the same trade or industry.
Purchase Price
The amount of money paid to buy goods or services.
Shipping Cost
Expenses associated with the transportation of goods from one place to another.
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